Meghalaya Motorcaravan Scheme
The scheme promotes alternative tourism and supports rural and eco-tourism in the state. It encourages entrepreneurship by providing financial assistance for operating motorcaravans and aims to create employment opportunities while offering unique travel experiences across Meghalaya.
About This Scheme
Benefits
Down Payment/Margin Money Support:
Total down payment will be 50% of the price of the vehicle. Of this:
1. 5% of the caravan price is to be paid by the entrepreneur to the bank.
1. 45% of the caravan price will be paid by the Government of Meghalaya to the entrepreneur through the bank.
EMI Support:
1. To reduce the operational cost burden in the first year, the Government of Meghalaya will pay 5% of the vehicle cost, distributed equally over twelve months, as EMI co-payment.
Additional Support
1. Vehicles will be installed with GPS devices with a 5-year warranty, the cost of which will be borne by the government (one-time only).
1. Branding cost of the vehicle will be borne by the entrepreneur and included in the total project cost.
Maximum Government Support:
₹25.0 L
1. Maximum support will be 50% of the project cost or ₹ 25,00,000, whichever is lower.
1. Vehicle permit costs will be borne by the entrepreneur.
Eligibility
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Required Documents
- ✦Latest Bank Statement (last 6 months)
- ✦Valid driving license preferably commercial
- ✦Must have a Valid Member ID
- ✦Detailed Project Report (DPR) Download
- ✦Self Declaration
- ✦A valid Member ID of President and Secretary
- ✦Self Declaration
- ✦Valid driving license of the driver preferably commercial
- ✦Latest Bank Statement (last 6 months)
- ✦Detailed Project Report (DPR) Download
- ✦Incorporation or Registration Certificate whichever is applicable
- ✦Valid driving license of the driver preferably commercial
- ✦Latest Bank Statement (last 6 months)
- ✦A valid Member ID of President and Secretary
- ✦Detailed Project Report (DPR) Download
- ✦Self Declaration Download
✦ Required ◦ Optional
How to Apply
PDS (Ration Card) Election Photo ID Card (EPIC).
Quick Info
- Level
- Central Government
- Max benefit
- ₹25.0 L
